Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.Traderead more
After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Markets pay particular attention to Italy's spending, given its public debt pile. This stands at above 130% of its growth rate, one of the highest in the world.Politicsread more
Flight bookings to Hong Kong have fallen 10%, hit by the unrest in the city, said Alan Joyce, the chief executive of Australian carrier Qantas Airways.Airlinesread more
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.China Economyread more
These in-demand skills can command top pay packets, says Feon Ang of professional networking site LinkedIn.Get Aheadread more
Japanese manufacturing activity shrank for a fourth straight month in August as export orders fell at a sharper pace.Asia Marketsread more
The Washington governor had centered his campaign around climate change, calling it "the most urgent challenge of our time."Politicsread more
The inversion is seen by many veteran traders as an important recession omen, though the timing on the eventual downturn is less predictable.Bondsread more
Here's what Nordstrom reported for its fiscal second-quarter earnings.Retailread more
BUENOS AIRES, April 23 (Reuters) - Argentina is pushing to increase agricultural trade with commodities-hungry China, as farmers on the country's Pampas grains belt prepare for what is expected to be an bumper soybean harvest over the weeks ahead.
China is the world's biggest international buyer of soybeans, which are then ground into meal to feed the world's biggest pig herd as middle class Chinese increasingly demand pork and other meat as part of a shift in diet away from rice.
"We believe Argentina still has a big chance to advance agro-industrial trade and increase its role as a reliable supplier of food to China," Argentina agriculture secretary Luis Etchevehere said in a statement issued from China, where he is leading a delegation of farm industry representatives.
Argentina has also been pushing to export higher-margin domestically processed soy meal to China, though it has faced resistance from Beijing.
"There is room to increase our trade relations with China," the statement from Etchevehere said.
Argentina's soy crop is expected to rebound strongly this year after the 2018 crop was battered by drought. This harvest will be key for the recession-hit nation as it looks to bolster government coffers and wipe out its primary fiscal deficit.
Pampas farmers are expected to bring in 55.9 million tonnes of soy this season, or 48 percent more than the previous year, according to the statement.
Soy planting in Argentina starts in mid-October and November, with harvesting between March and May.
The Buenos Aires Grains Exchange expects Argentine farmers to harvest 55 million tonnes of soy this season. The Rosario grains exchange forecasts a 56-million-tonne crop.
Argentine exports to China last year reached $3.48 billion, more than 86 percent of which were from the agricultural sector. (Reporting by Hugh Bronstein Editing by Chizu Nomiyama)